Karoon Gas Australia (KAR)

Download button icon Download

Karoon Gas Australia (KAR): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Karoon Gas Australia (KAR.AX)


Indicator:

RELATIVE STRENGTH INDEX


Last Signal:

BEARISH


Trading: SELL @ $1.08
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Karoon Gas Australia (ASX:KAR) is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.



The relative strength index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder which compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.

Calculation: Relative Strength Index (RSI):
1) RSI = 100 - 100 / (1 + RS);
2) RS = Average Gain / Average Loss;


PROFILE: Karoon Gas Australia (KAR.AX)


Stock Exchange: ASX
Company: Karoon Gas Australia
Ticker Codes: | KAR.AX | ASX:KAR |

About Karoon Gas Australia (ASX:KAR):

Karoon Gas Australia Ltd operates as an oil and gas exploration company in Australia, Brazil, and Peru. It has a working interest in two off-shore permits in the Browse and Carnarvon basins located to the north Western Australian coastline covering a combined area of 15,492 square kilometers. The company also holds working interest in five offshore blocks in the Santos Basin located in the State of Santa Catarina covering an area of 549 square kilometers. In addition, the company has a working interest in an off-shore block in the Tumbes Basin located approximately to the north-west coast of Peru covering an area of 4,750 square kilometers. The company was incorporated in 2003 and is headquartered in Mount Martha, Australia.

Top 10:

Relative Strength Index

Download button icon Download
Company Close Change (%) Volume Value Signal
NEA Nearmap 2.57 7.5 3,461,849 80.36 BULLISH
BSA Broadcast Services Australia 0.29 5.6 67,709 80.89 BULLISH
FMG Fortescue Metals 6.69 5.4 22,842,445 83.84 BULLISH
WGX Westgold Resources 1.2 4.3 573,357 75.97 BULLISH
MFG Magellan Financial 32.89 3 599,918 77.4 BULLISH
MND Monadelphous 17.9 3 832,548 83.99 BULLISH
JIN Jin 10.26 2.8 383,491 85.64 BULLISH
BRG Breville 15.27 2.8 364,874 91.02 BULLISH
OZL Oz Minerals 10.53 2.7 2,683,470 77.76 BULLISH
RIO Rio Tinto 94.94 2.6 1,940,137 76.8 BULLISH
back to top